Cost of Living in Olivarez, TX

Population 6,566 · Texas · Data vintage 2023

43
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Olivarez sits on the smaller end of the Texas city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible. A poverty rate near 26% adds context to the income figures — well above the US average, and worth factoring into any comparison with cities on the coasts or in the Rockies.

Olivarez sits roughly 12 miles southeast of Edinburg — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 61% lower than Edinburg's $175,000.

Cost Overview

Housing 22
Rent 73

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Olivarez

The median home value in Olivarez is $68,000 — 78% below the national median of $305,000. Median rent runs $961/month, 27% lower than the national median of $1,314/month. The median household income of $62,985/year is 16% lower than the US median of $74,580. The local unemployment rate is 4.8%, below the national average of 4.8%. Texas charges no state income tax, a meaningful advantage for take-home pay. The climate averages highs of 87.3°F and lows of 67.4°F. Overall, Olivarez has a cost of living index of 43 versus the US average of 100, meaning it is 57% less expensive.

🏠 Housing

Median Home Value
$68,000
78% below avg
Zillow Home Value
$205,012
Zillow ZHVI
Median Rent
$961/mo
27% below avg
Price-to-Rent Ratio
5.9x
Favors buying
Property Tax Rate
1.7%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$766
1 BR
$811
2 BR
$981
3 BR
$1,307
4 BR
$1,509
Owner-occupied 88.2%
Renter-occupied 11.8%

💰 Estimated Monthly Budget

Rent median rent
$961
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,575/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
31.8 min
18% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
8.7%

Commute Mode

Drove alone
76.7%
Carpooled
11.3%
Work from home
8.7%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) None
Total Sales Tax 8.2%
State rate 6.3%
Avg local rate 1.9%
Property Tax 1.7%

💼 Income & Employment

Median Household Income
$62,985
16% below avg
Per Capita Income
$13,158
Unemployment Rate
4.8%
1% below avg
Poverty Rate
25.6%
Labor Force Participation
52.0%

🎓 Education

Bachelor's degree+ 6.3%
Graduate degree 3.8%

👥 Demographics

Median Age 18.1
Male median age 18.5
Female median age 17

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
87.3°F
Avg Low
67.4°F
Annual Precip
22.2"
50° 63° 75° 88° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 7377838893979910094898074
Low °F 535763687478797976696054
Precip" 0.770.721.381.432.033.052.031.814.612.101.171.06

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 44 — Good
57.7%
Good air days/yr
95
Max AQI recorded
338
PM2.5 days
19
Ozone days

Frequently Asked Questions

What is the cost of living in Olivarez, TX?

Olivarez has a cost index of 43 (100 = national average). It is 57% below the national average.

What is average rent in Olivarez, TX?

The median gross rent in Olivarez is $961 per month based on 2023 Census data.

What is the average home price in Olivarez?

The median home value in Olivarez is $68,000 according to Zillow and Census data.

What is the median income in Olivarez?

The median household income in Olivarez is $62,985 per year (2023 ACS 5-year estimates).

What is the sales tax in Olivarez, TX?

The combined state and local sales tax rate in Olivarez is 8.2%. Texas has no state income tax.

Is Olivarez, TX affordable?

Yes, Olivarez is generally considered affordable, with a cost of living index of 43 — about 57% below the US national average of 100.

What is the weather like in Olivarez?

Olivarez has average high temperatures of 87.3°F and average lows of 67.4°F. Annual precipitation is 22.2". Data from NOAA 1991–2020 Climate Normals.

Olivarez at a Glance

Population
6,566
Median Income
$62,985
Home Value
$68,000
Median Rent
$961/mo
Unemployment
4.8%
Avg High Temp
87.3°F
Sales Tax
8.2%
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Explore county-level cost of living data